Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.030%

Price spread now: GRVT against Extended+0.077%7-day average +0.048% · you sell dearer than you buy

Net, funding: paid 7d − costs−$52as in the Funding arb table

Net, price: spread back to 7d avg − costs−$19as in the Price arb table

costs, in and out, $10k−$220.220% of the position

Long on Extended Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.304%−$30 on $10k

Price spread, last 7 days+0.077%+$8 · spread now +0.077%, 7d avg +0.048%

Together, before fees−0.227%+ Points / potential airdropExtended: Active · GRVT: Active · farm board−$23 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.030% dearer against Extended than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.048%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended PUMP-USD	0.004373	0.0104	pay 0.0013% / 1h	35m 02s	$3.6M	$3.8M	50x
Short	GRVT PUMP_USDT_Perp	0.004376	0.0100	get 0.0050% / 4h	35m 02s	$1.2M	$9.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against Extended. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ExtendedbpFee GRVTbpOrdersPrice spread, now +0.077%Rate

Funding earned: −$0.84
Price spread: +0.077% → +0.048%: $2.97
Slippage, 4 orders: −$8.05
Fee Extended: 2.5 bp × 2 orders: −$5
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$19.92
Costs to cover: 0.220%
Break-even: never at this rate

Slippage from Extended: live order book, 4 min ago; GRVT: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Extended live order book, 4 min ago	1.14 bp	5.8 bp −$6	11.5 bp −$115	doesn't fit	doesn't fit
Sell GRVT live order book, 4 min ago	1.14 bp	6.4 bp −$6	23.9 bp −$239	92.0 bp −$9,204	doesn't fit

PUMP on 42 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX PUMP-USDT-SWAP	−0.0006%	4h	0.004361	−0.270%	$22.9M	$96.4M	50x	as long as short
dYdX PUMP-USD	−0.0005%	1h	0.004376	+0.079%	$20K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004375	+0.050%	$18K	$203K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004374	+0.027%	$69K	$126K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004377	+0.096%	$55K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0011%	4h	0.004373	+0.004%	$41K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004373	+0.004%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−1.665%	$26K	$767K	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004375	+0.039%	$42K	—	5x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004376	+0.061%	$1.6M	$2.0M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster PUMPUSDT	+0.0100%	4h	0.004372	−0.011%	$730K	$2.2M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004376	+0.073%	$458K	$601K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004367	−0.122%	$77.8M	$163.7M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004373	+0.002%	$26K	$169K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004376	+0.073%	$42K	$53K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004371	−0.042%	$4.7M	$11.5M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004377	+0.096%	$23.4M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004373	+0.004%	$17.4M	$19.0M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004373	+0.004%	—	$12.8M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004373	+0.013%	$779K	$181K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004375	+0.060%	$64K	$3.0M	20x	as long as short
GRVT PUMP_USDT_Perpshort	+0.0100%	4h	0.004376	+0.077%	$1.2M	$9.8M	10x
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004378	+0.118%	$138K	$764K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004379	+0.141%	$97K	$1.9M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004375	+0.044%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004377	+0.096%	$1K	$717K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004373	+0.004%	$281	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004375	+0.050%	$22K	$135K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004372	−0.019%	$2.0M	$4.0M	20x	as long as short
Extended PUMP-USDlong	+0.0104%	1h	0.004373	long leg	$3.6M	$3.8M	50x
Aevo PUMP-PERP	+0.0104%	1h	0.004371	−0.042%	$72K	$18K	3x	as long as short
Phoenix PUMP	+0.0164%	1h	0.004380	+0.160%	$39K	$100K	10x	as long as short
Injective PUMP/USDC PERP	+0.0182%	1h	0.004381	+0.187%	$39K	$207K	12x	as long as short
RISEx PUMP/USDC	+0.0194%	1h	0.004378	+0.107%	$486K	$1.0M	10x	as long as short
01 Exchange PUMPUSD	+0.0240%	1h	0.004379	+0.141%	$6K	$830	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0312%	1h	0.004382	+0.210%	$690K	$5.5M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0320% / S −0.0242%	1h	0.004376	+0.073%	$69K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004372	−0.019%	$3.5M	$4.0M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004375	+0.049%	$2	—	3x	as long as short
Hyperliquid PUMP	+0.0375%	1h	0.004379	+0.141%	$161.3M	$52.5M	10x	as long as short
Aftermath Perps PUMPUSD	+0.0467%	1h	0.004381	+0.185%	$182	$105K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0863%	1h	0.004379	+0.146%	$1.3M	$3.5M	50x	as long as short